284-292 Spring Mountain Drive

Greenbank QLD 4124

+ Two (2) further ten (10) year options to 2063
+ Guardian Childcare: leading national early education provider, educating more than 10,000 children per day across 152 locations
+ Highly desirable fixed 3% annual rent increases, ensuring future income growth
+ Tenant pays all outgoings including land tax
+ Brand new 1,025sqm* purpose-built childcare centre approved for 132 LDC places offering outstanding depreciation benefits of $253,300 in the first year (51% of rent)
+ Substantial 4,005sqm* 'Centre' zoned site located in heavily under-supplied childcare catchment with a ratio of 7.43 (0-5-year-olds) per long day care (LDC) place
+ Centrally located between the Flagstone & Ripley Valley State Government Priority Development Areas (PDAs), two of the largest urban growth corridors with the population projected to exceed 265,000 by 2060^
+ Conveniently positioned within close proximity to various retail amenities including Greenbank Shopping Centre & Orion Springfield Central, anchored by Woolworths, Coles, Big W, Target & supported by 158 speciality retailers
+ Logan City Council: high growth region with the population forecast to increase 47% by 2041 and $1.2 billion committed in future capital works projects^^
+ Child Care/Early Education is an essential service with both the Federal and State Governments allocating unprecedented funding to the sector. In the 2022-2023 period, the Federal Government is projected to contribute $10.7 billion in funding plus an additional $4.7 billion to deliver more affordable child care, which includes increasing the Child Care Subsidy (CCS) rates from July 2023. This reform aims to enhance the affordability of early education and care for approximately 96% of families (1.2 million) with a child in care^^^
+ Net Income: $488,400 pa* + GST

For Sale via Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson childcare team for more information.

*Approx.
^ Queensland State Government
^^ Logan City Council
^^^ Australian Government - Department of Education | Child Care Subsidy Reform